SSPL Securities Private Limited

Saturday 28 Jun, 2025 11:28 PM

Interarch Building Solutions bags Rs 77-cr order from Amara Raja Infra Hind Rectifiers secures Rs 101 cr supply order from Indian Railways Granules India receives one observation from USFDA following inspection at U.S. facility India Ratings & Research revises rating outlook Aegis Vopak Terminals to 'positive' Prestige Estates & Arihant Group jointly acquire land in Chennai from Rane Madras BHEL bags LoA for Rs 6,500 crore thermal project from Adani Power Rattanindia Ent board to mull fund raising plan on 2 July Asian Paints acquires 40% stake in White Teak Waaree Energies arm bags order from American entity Jio Financial ends higher after SEBI grants registration certificate to Jio BlackRock Broking Mazagon Dock to acquire Colombo Dockyard for Rs 452 crrore Ahluwalia Contracts rallies after bagging orders worth Rs 1,104 cr Confidence Petroleum bags contract worth Rs 42-cr from PSUs Lemon Tree Hotels inks new property in Nashik under Lemon Tree Suites brand TD Power Systems Ltd leads losers in 'A' group

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Hind Rectifiers secures Rs 101 cr supply order from Indian Railways

28-Jun-25 16:28 Hrs IST

According to an exchange filing, the domestic order will be executed as per the terms and conditions laid out by Indian Railways. The execution is scheduled from FY 2025'26 to FY 2026'27.

The company also clarified that the transaction does not involve any related parties. Neither the promoter, promoter group, nor any group companies have any financial or other interest in the awarding entity.

The official announcement was made on 27 June 2025, after market hours.

Hind Rectifiers is engaged in developing, designing, manufacturing, and marketing electronic, electrical, and electromechanical equipment; power electronic equipment; and railway traction equipment.

The company's standalone net profit zoomed 98.2% to Rs 10.15 crore on a 22.3% increase in net sales to Rs 185.05 crore in Q4 FY25 compared to Q4 FY24.

The scrip rose 2.20% to settle at Rs 1,262.70 on Friday, 27 June 2025.

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